RAIL VIKAS NIGAM share price has plunged 5% and is presently trading at Rs 421.8.
Meanwhile, the BSE CAPITAL GOODS index is at 66,235.5 (down 2.5%).
Among the top losers in the BSE CAPITAL GOODS index today are Finolex Cables (down 4.4%) and BHEL (down 4.4%).
Thermax (up 4.9%) is among the top gainers today.
Over the last one year, RAIL VIKAS NIGAM has moved up from Rs 157.6 to Rs 421.8, registering a gain of Rs 264.2 (up 167.7%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 46,119.3 to 66,235.5, registering a gain of 43.6% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 125.4%), Bharat Electronics (up 98.9%) and Siemens (up 98.0%).
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The BSE Sensex is at 79,358.7 (down 0.9%).
The top losers among the BSE Sensex today are Indusind Bank (down 19.1%) and M&M (down 4.4%). The most traded stocks in the BSE Sensex are Tata Steel and Indusind Bank.
In the meantime, NSE Nifty is at 24,101.5 (down 1.2%). Indusind Bank and M&M are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 79,358.7, registering a gain of 14,786.8 points (up 22.9%).
RAIL VIKAS NIGAM net profit fell 33.7% YoY to Rs 2,226 million for the quarter ended June 2024, compared to a profit of Rs 3,355 million a year ago. Net sales declined 26.9% to Rs 40,738 million during the period as against Rs 55,716 million in April-June 2023.
For the year ended March 2024, RAIL VIKAS NIGAM reported 17.3% increase in net profit to Rs 15,745 million compared to net profit of Rs 13,418 million during FY23. Revenue of the company grew 7.9% to Rs 218,892 million during FY24.
The current Price to earnings ratio of RAIL VIKAS NIGAM, based on rolling 12 month earnings, stands at 64.8.
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